Japan to give $320 mil. subsidy for Micron's chip output in Hiroshima

Politics Economy

Japan will provide a subsidy of up to 46.5 billion yen ($320 million) to Micron Technology Inc. to help the U.S. chipmaker produce advanced chips at its plant in Hiroshima Prefecture, the industry ministry said Friday. The subsidy will be part of 139.4 billion yen that Micron plans to spend to begin producing dynamic random-access memory or DRAM chips using what is called "1-beta" technology. DRAM chips are used in a wide variety of electronics, such as smartphones and servers. "I believe (the production of the advanced chip) will contribute to enhancing Japan-U.S. cooperation in the semicondu...

Kyodo News

Kyodo News